Tag
GROWTH
The population determines how much each state and local government gets from the Consolidated Revenue Fund/FAAC. The population is 30% of the horizontal allocation formula for states. The population in an LGA also carries a 30% weighting to share.
Flutterwave, an African focused fintech company disclosed that it secured US$35 million through its Series B funding round.
The World Bank has forecasted that Nigeria’s economy will further slowdown in 2020 with a growth of 2.1% amidst several policy uncertainties. On the other hand, the IMF disclosed that Nigeria’s economy will continue its sluggish trend. #IMF #WORLDBANK
The Nigerian Stock Exchange (NSE) has assured that the growth trajectory witnessed since the beginning of the year would be sustained in 2020.
At a time when technology is disrupting the global financial services industry, Nigeria has not been left out of the change.